Top Investment Opportunity in 2017

Category: Investments

Happy New Year! Get ready for another volatile year. It has now become common that market moving information is broadcasted instantaneous through social media. Reality TV is being played out from the White House. The White House will become a virtual office with locations in New York, Washington, and Florida.

Self-driving cars, virtual reality, automation, and IBM’s Watson are at the cutting edge of technology. My top investment opportunity for 2017 is artificial intelligence (AI). AL could be as disruptive as the internet was 20 years ago. All the major technology companies are working to advance AI. The first mover advantage goes to Apple, Microsoft, IBM, Google, Amazon, Netflix, Nvidia, Tesla, and Facebook. There are more than 140 other private companies hoping to be acquired by these leaders.

The most popular Christmas gifts in 2016 leveraged AI. Amazon’s Alexa and Apple’s Siri assistant are only at the beginning stages of AI. If you are an active user on Facebook, it probably knows more about you than your own family. It stores all your browsing history and builds a profile about your personal life. The accuracy of this data would shock you. According to a recent article in Fortune, “they are building an internal platform to harness artificial intelligence so it can deliver exactly the content you want to see.” The direction of this country is forever changed by social media. If you want to know a valid reason why Donald Trump upset Hillary Clinton, read this story on how Trump’s campaign leveraged Facebook.

President Trump’s challenge over the next 4 years will be how to prevent Silicon Valley from automating the workforce and slowing AI. There will be more jobs lost to AI than by Mexico or China. AI machines will eventually surpass human performance. If you want your child or grandchild to graduate with a comfortable six figure job, give them the advice that building app’s and software development are the hottest industries.

On Thursday, Macy’s announced 10,000 job cuts and a reduction of 68 stores. The success of Amazon and other online retailers is not slowing. Advances in AI will make consumers even more dependent on technology. President Trump has taken credit over Twitter for having saved a few hundred factory jobs, but he has no power to stop the ongoing disruption that technology is creating in every corner of the economy.

The investments that I continue to avoid are those that are losing market share to AI and workflow automation. For those businesses that fail to adapt to AI, they will likely suffer the same fate as Macy’s. Over the coming years, there will be many rewarding investment opportunities in innovative companies that are harnessing the power of AI.

Please read our disclosure statement regarding the contents of this post and our website as a whole.

Please follow and like us:

Please follow and like us:

Why CGF?

Constant Guidance Financial is a Registered Investment Advisory firm solely focused on providing wealth management and financial planning. I am exclusively fee-only. My mission is to help you achieve your financial goals through astute portfolio management and personalized advice. I believe that the best way to reach your financial goals is by achieving superior investment results. My office is located in North Attleboro and I have a virtual office in Providence, RI. If you’re looking for a CFP® in Massachusetts or Rhode Island, you’ve come to the right place.

Areas I Currently Serve

I currently serve Massachusetts, Rhode Island, and surrounding communities.

Investment advisory services offered through Constant Guidance Financial LLC, a registered investment adviser. Neither Asset Allocation nor Diversification guarantee a profit or protect against a loss in a declining market. They are methods used to help manage investment risk. Constant Guidance Financial LLC does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Links to third-party web sites are provided as a convenience. Constant Guidance Financial LLC does not endorse nor support the content of third-party sites. By clicking on a third-party link, you will leave this website where privacy and security policies may differ from those practiced by Constant Guidance Financial LLC. This site is published for residents of the United States only. Investment Advisor Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. TD Ameritrade, Inc. is one of the firms that we use to custody our client assets. TD Ameritrade, Constant Guidance Financial, and the other entities named are separate and unaffiliated firms, and are not responsible for each other’s services or policies. TD Ameritrade does not endorse or recommend any advisor and the use of the TD Ameritrade logo does not represent the endorsement or recommendation of any advisor. Brokerage services provided by TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Used with permission.